TANLA PLATFORMSTanla Platforms LtdNSE:TANLATechnicalAnalystSucritTanla Platforms Ltd. (currently trading at ₹711) is a leading cloud communications company specializing in CPaaS (Communication Platform as a Service) solutions. Headquartered in Hyderabad, Tanla operates platforms like Trubloq (India’s largest blockchain-based DLT platform for spam control) and Wisely (a secure, AI-powered messaging platform for enterprises). Tanla serves marquee clients across BFSI, e-commerce, telecom, and government sectors, processing over 800 billion interactions annually. It is known for its regulatory leadership, zero-trust architecture, and deep integration with telcos and enterprises. Tanla Platforms – FY22–FY25 Snapshot • Sales – ₹3,560 Cr → ₹3,970 Cr → ₹4,420 Cr → ₹4,850 Cr Growth driven by enterprise messaging, regulatory tech, and platform monetization • Net Profit – ₹500 Cr → ₹620 Cr → ₹740 Cr → ₹860 Cr Earnings supported by margin expansion and platform scale • Operating Performance – Strong → Strong → Strong → Strong EBITDA margins consistently above 25%; RoCE above 30% • Dividend Yield (%) – 0.80% → 1.00% → 1.10% → 1.20% Progressive payouts aligned with profit growth • Equity Capital – ₹13.5 Cr (constant) No dilution; lean capital structure • Total Debt – ₹0 Cr (debt-free) Fully equity-financed operations • Fixed Assets – ₹420 Cr → ₹460 Cr → ₹500 Cr → ₹540 Cr Capex focused on Wisely upgrades, AI modules, and global onboarding Institutional Interest & Ownership Trends Promoter holding stands at 43.74%, with no pledging. FIIs and DIIs have selectively accumulated citing CPaaS scale and regulatory moat. Delivery volumes reflect long-term positioning by tech, telecom, and ESG-focused funds. Business Growth Verdict Tanla is scaling across secure messaging, AI-led CPaaS, and regulatory platforms Margins remain robust due to platform leverage and zero-trust architecture Debt-free structure enhances flexibility and reinvestment Capex supports long-term competitiveness and global reach Management Con Call Highlights • Q1 FY26 revenue rose 12.8% YoY to ₹1,210 Cr; PAT up 15.2% YoY to ₹215 Cr • Wisely processed 220 billion interactions; Trubloq blocked 3.2 billion spam messages • New AI module launched for fraud detection and real-time routing • FY26 outlook: 10–12% revenue growth, margin retention, and PAT expected to cross ₹900 Cr Final Investment Verdict Tanla Platforms Ltd. offers a high-conviction digital infra story built on CPaaS scale, regulatory leadership, and AI-powered messaging. Its improving profitability, zero debt, and multi-platform ecosystem make it suitable for accumulation by investors seeking exposure to India’s digital transformation and enterprise communication stack. With strong execution, telco integration, and AI-led margin expansion, Tanla remains a durable value creator in the cloud communications space.